Answer:
The profits for firma A and B will decrease.
Step-by-step explanation:
Oligopoly by definition "is a market structure with a small number of firms, none of which can keep the others from having significant influence. The concentration ratio measures the market share of the largest firms".
If the costs remain the same for both companies and both firms decrease the prices then we will have a decrease of profits, we can see this on the figure attached.
We have an equilibrium price (let's assume X) and when we decrease a price and we have the same level of output the area below the curve would be lower and then we will have less profits for both companies.
Answer:
0 2
1 4 ⟌ 3 7
- 0
3 7
- 2 8
9
2 r 9
for 37 divided by 14
0 7
1 3 ⟌ 9 6
- 0
9 6
- 9 1
5
7 r 5
for 96 divided by 13
0 2 0
4 1 ⟌ 8 5 8
- 0
8 5
- 8 2
3 8
- 0
3 8
for 858 divided by 41
20 r 38
Step-by-step explanation:
Answer:
Step-by-step explanation:
183.5
Answer:
3.73 hours
Explanation:
In 1 hour, Lisa does 1/7th of the order while Bill does 1/8th of the order in an hour. To find out how long it will take them to fill the order, we have to:
Step 1:
Add the rate of both Lisa and Bill together
1/7 + 1/8
Step 2:
Since both denominators of the fractions are different, you have to find the least common multiple of 7 and 8
7·8= 56 8·7= 56
which is 56.
Step 3:
Then, you have to multiply the numerator of 1/7 with 8 and the numerator of 1/8 with 7.
1·8= 8 1·7= 7
The fractions would now have equal denominators:
Lisa: 8/56 Bill: 7/56
Step 4:
Now, you can add them together
8/56 + 7/56
which equals to 15/56. Both Lisa and Bill together completes 15/56th of the order in 1 hour.
Step 5:
15/56 is not the final answer as it is the RATE of them working together. To find how long it will take them total to complete the order, you must divide 56 with 15.
56/15
which is 3.73 hours in decimal form (rounded).
Answer: 12 minutes
Step-by-step explanation:
Two rates for hoses A and B. FP is the Fish Pond.
A = 20 min/FP or (1/20)FP/min
B = 30 min/FP or (1/30)FP/min
The time in minutes, X, to fill one FP:
1FP = X*((1/20)FP/min) + X*((1/30)FP/min)
1FP = X*(1/20+1/30)FP/min
1FP = X*(2.5/30)FP/min
X = 12 minutes
